Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Use Options For a Chance To Buy CXO at a 19% Discount
Tuesday, June 2, 11:44 AM ET, by Market News Video Staff

Looking back to 95 days ago, Concho Resources Inc (CXO) priced a 6,000,000 share secondary ...

SXL Stock Crowded With Sellers
Tuesday, June 2, 12:25 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Sunoco Logistics Partners L.P. (SXL) entered into oversold territory, ...

Penn Virginia Enters Oversold Territory (PVA)
Wednesday, June 3, 4:33 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Use Options For a Chance To Buy FANG at a 16% Discount
Wednesday, June 10, 11:44 AM ET, by Market News Video Staff

Looking back to 33 days ago, Diamondback Energy, Inc. (FANG) priced a 4,000,000 share secondary ...

Top Buys by Top Brass: CFO and Treasurer Gvazdauskas's $109K Bet on SXL
Thursday, June 11, 10:29 AM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

  More articles:  1 2 3 4 5 6 7 next »

Atlas Pipeline Partners LP (APL) Shares Enter Overbought Territory

By Energy Stock Channel Staff, Thursday, October 27, 4:03 PM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Thursday, shares of Atlas Pipeline Partners LP (APL) entered into overbought territory, changing hands as high as $34.85 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70.

In the case of Atlas Pipeline Partners LP, the RSI reading has hit 70.1 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 61.6, the RSI of WTI Crude Oil is at 62.2, and the RSI of Henry Hub Natural Gas is presently 39.5.

A bearish investor could look at APL's 70.1 reading as a sign that the recent heavy buying is in the process of exhausting itself, and shares are due for a pullback.

Looking at a chart of one year performance (below), APL's low point in its 52 week range is $19.40 per share, with $37.90 as the 52 week high point that compares with a last trade of $34.80. Atlas Pipeline Partners LP shares are currently trading up about 4.4% on the day.

Atlas Pipeline Partners LP 1 Year Performance Chart

According to the ETF Finder at ETF Channel, APL makes up 1.58% of the Dynamic Energy Sector Portfolio ETF (AMEX:PXI) which is trading higher by about 5.9% on the day Thursday.

See what other ETFs contain APL
See what other stocks are held by PXI

APL operates in the Oil & Gas Equipment & Services sector, among companies like Spectra Energy Partners LP (NYSE:SEP) which is trading flat today, and Sunoco Logistics Partners L.P. (NYSE:SXL) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of APL, versus SEP and SXL.

APL,SEP,SXL Relative Performance Chart


The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.

This Article's Word Cloud:   Atlas   Bear   Call   Channel   Definition   ETFs   Energy   Index   Market   NYSE   Partners   Pipeline   Portfolio   Relative   Sector   Stock   Strength   Thursday   Trial   about   asset   buying   changing   chart   currently   designed   heavy   high   history   makes   other   overbought   performance   point   portfolio   program   reading   share   shares   stock   stocks   technical   territory   that   trading   week   what   wherever   which   with

Atlas Pipeline Partners LP (APL) Shares Enter Overbought Territory | | Copyright © 2010 - 2015, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.